Avrupa Minerals Ltd. announced the closing of a definitive agreement with Akkerman Exploration B.V. (AEbv), a private exploration company based in The Netherlands, to acquire three Copper-Zinc projects in the Pyhasälmi VMS District and one gold project in the Oijärvi Greenstone Belt. All projects are located in Central Finland and held by AEbv subsidiary Akkerman Finland OY. The Company announced details of the agreement in a news release dated December 20, 2021, and it may be reviewed on the Avrupa website using the following link: Avrupa to Acquire Four Exploration Properties in Finland.

The Company issued 1,470,000 common shares and paid EUR 150,000 to AEbv for the initial 49% of AFOy, and deposited EUR 200,000 into AFOy dedicated for first year exploration expenditures. Avrupa will continue to update the market on progress in Finland, as well as at the Alvalade JV Project in Portugal, where the Company has been drilling at the Sesmarias Copper-Zinc massive sulfide prospect.